TaxWise
Journal

Tax, written like you're meant to understand it.

Explainers from our tax practice, engineering posts, and field notes from filing season. Slow web, no clickbait.

TaxWise · Journal
Tax law03 Jul 2026 · 10 min read

How are dividends taxed in Sri Lanka? (Y/A 2025/2026)

A resident company withholds 15% on your dividend and that's the whole story — no top-up, no refund, whatever your other income looks like.

CP
Charitha Perera
Tax Expert, TaxWise
TaxWise · Journal
Tax law03 Jul 2026 · 10 min read
How are dividends taxed in Sri Lanka? (Y/A 2025/2026)

A resident company withholds 15% on your dividend and that's the whole story — no top-up, no refund, whatever your other income looks like.

CP
Charitha Perera
TaxWise · Journal
Tax law02 Jul 2026 · 11 min read
How is bank interest taxed in Sri Lanka? (Y/A 2025/2026)

Your bank now deducts 10% on savings and fixed deposit interest, up from 5%. When it's just an advance, when you can stop it, and how to claim it back.

CP
Charitha Perera
TaxWise · Journal
How-to30 Jun 2026 · 10 min read
How do I register for a TIN in Sri Lanka? (Y/A 2025/2026)

NIC, email, five steps. How to get your TIN online through RAMIS, when companies must register by, and what to do the moment it arrives.

CP
Charitha Perera
TaxWise · Journal
How-to29 Jun 2026 · 11 min read
What is APIT (formerly PAYE) and how does it work? (Y/A 2025/2026)

Your employer deducts it every month before you're paid. How APIT works, why secondary jobs are taxed differently, and what happens when you file your return.

CP
Charitha Perera
TaxWise · Journal
Tax law24 Jun 2026 · 13 min read
What is the personal relief (tax-free threshold) in Sri Lanka? (Y/A 2025/2026)

The first LKR 1,800,000 of your total annual income is tax-free — how the personal relief works, who qualifies, and what changed from last year.

CP
Charitha Perera
TaxWise · Journal
Tax law23 Jun 2026 · 11 min read
What changed in Sri Lankan income tax for 2025/2026?

Higher relief, the 12% band gone, doubled WHT on savings interest, and a 15% CGT — every change in Y/A 2025/2026, with worked examples.

CP
Charitha Perera
TaxWise · Journal
How-to14 Jun 2026 · 7 min read
How much tax do I pay on my salary in Sri Lanka? (2025/2026)

What actually comes out of your payslip. The APIT tables, the LKR 150,000 monthly threshold, and the tax on common salary levels.

CP
Charitha Perera
TaxWise · Journal
How-to14 Jun 2026 · 9 min read
Freelancer and remote worker tax in Sri Lanka (2025/2026)

Upwork, foreign clients, no PAYE safety net. The 15% foreign-service cap, the installment calendar, and the expenses you can claim — in order.

CP
Charitha Perera
TaxWise · Journal
Tax law14 Jun 2026 · 8 min read
How is foreign income taxed in Sri Lanka? (2025/2026)

Money from abroad, taxed at home. The 15% service cap, the FX conversion rule, and the treaty credit that stops you paying twice.

CP
Charitha Perera
TaxWise · Journal
How-to08 Jun 2026 · 9 min read
How to file your income tax return in Sri Lanka (2025/2026)

From getting a TIN to receiving an IRD acknowledgement — the complete, in-order walkthrough for filing your own return online.

CP
Charitha Perera
TaxWise · Journal
How-to08 Jun 2026 · 8 min read
How to calculate your income tax in Sri Lanka (2025/2026)

Total income, minus reliefs, through the 2025/2026 brackets, minus credits. The whole method, with a worked example in rupees.

CP
Charitha Perera
TaxWise · Journal
How-to21 Apr 2026 · 7 min
How to file freelance income from foreign clients without overpaying

If you invoice in USD or GBP, the FX rate, the DTA, and the WHT certificate matter more than the amount.

CP
Charitha Perera
TaxWise · Journal
Policy07 Apr 2026 · 6 min
Why the rent-income deduction stayed at 25% — and what we'd change

A close read of the 2025 Amendment debate, and a quiet argument for a graduated deduction in 2026.

CP
Charitha Perera
TaxWise · Journal
Tax law17 Mar 2026 · 9 min
ETF and Gratuity stepped rates: a worked example for a 22-year career

Concessionary rates apply, but only if you do the math in the right order. Step-by-step in LKR.

CP
Charitha Perera
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